News and Announcements

Hammerson sells £69m in non-core assets

By Frank Prenesti

Date: Wednesday 08 Jul 2026

(Sharecast News) - Hammerson has sold £69m of non‑core assets, including several central Dublin holdings and another non‑core investment, taking its total disposals for 2026 to £75m after a final Leeds sale in January.
The Dublin sites were bought by Transport Infrastructure Ireland to support the city's planned Metrolink rail system. It has kept other holdings in the Irish capital which it says offer strategic options for development, partnerships and future value creation, alongside its recent move to take full ownership of the Ilac shopping centre.

Hammerson said the transactions were completed at a substantial premium to book value, with proceeds earmarked for balance‑sheet strengthening and reinvestment into existing assets and new opportunities.

Reporting by Frank Prenesti for Sharecast.com

Article Archive

Free Membership To Digital Look

Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.

Click here to see what you have free access to.

Top of Page